X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

I used to think that extension of the Terrorism Risk Insurance Act was a no-brainer, but I forgot that brainpower is often in short supply in Congress.

The clock is ticking, as TRIA expires at year’s end. Without TRIA, the industry would be totally on its own–in the same boat with many of its clients. With no government backup in place, affordability and availability of terrorism coverage will suffer, and many carriers that do write the exposure (willingly or by law) will face ruin should the worst happen.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.